Are you approaching state pension Age? The state pension age is changing and the transition has started.
Care is needed throughout the transition period to make sure that you don’t stop paying national insurance contributions too soon.
Employees no longer need to pay NIC when they reach state pension age, and receive a certificate of age exemption to pass to their employer.
However, if you are a sole trader or a partner in a trading partnership you will be liable to pay class 4 national insurance contributions.
You don’t have to pay class 4 NIC only if, you reach state pension age before the start of the tax year, which for this purpose is 7 April.
A tool to help you calculate state pension age is available at https://www.gov.uk/calculate-state-pension.